The only sour number on BA' s books are intangibles are Worth mostly the same as Shareholders equity. But , it produces consistent Cash flow, I dont have doubts on values of those assets in BA' s books. BBD carry over 5.0 B in intangibles ( BA 8.5 B ) compare to an insignificant S/H equity.

Also BBD spent as ( mostly ) much in Capex 1.95B vs 2.24B for BA with only a company with one fifth of BA' s sales.

BA have a good W/C , BBD have to adress debt market constantly to just keep afloat with High Cash outlay.

Best thing to happen to BBD , will be that BA would swallow BBD whole assuming the debt & issuing little shares ( no dilution for BA )

But BA will not buy BBD , just wait BBD to go bust to buy assets on the cheap if ever they are Worth it ??!!

Reading into Vegas Brit also give me an other concern about Bombardier

The company need to develop more their aircrafts , means between 1 to 3 more Billions in R & D but the company is running out of Cash :

It has négative cash flow , their balance sheet has a negative net Worth of between -1.5 to -4.0 Billions CAD ( depend on which intangibles assets ( 4,576 millions vs Shareholders equity of only $ 542 M ) and the C series would require to spend more on product development.

Also their railcar division ( which account of +/- 45% of the net sales ) experimenting deleveries problem ( GTA of Toronto not happy about the orders ) , etc , etc

For me , it look they gonna have a major Cash Squezze by fall/2015,The Canadian/Ontario & Québec Government gonna have to Bail it out like GM in 2008.

Except GM had good values behind the name , it could been ressucitated from Chapter 11 & have some payback for the shares.

In Case of Bailout of Bombardier , I only see Massive Layoffs & 5-10 Billions of Government money Burned ( in the future ).

The only way to save this company is to sell out the aeronautique division to the Boeing,Airbus , MD of this world & to concentrate on Railcar division in association with Grouppe Alstom of France. Probably Alstom to be the Parent company & sell the rest of BBD to satisfy the creditors.

For me , the shares are actually worthless , any investors should actually sell them even at the low $ 1.00 - 1.65

Maybe the management are intentionnally to keep us ( lost in the wood , so to speak ) , because they dont know what strategy to do with prices of oïl & NG that lows. Maybe it is a waiting game to see if the price of commodity to go North further & then decide what plan of action ( if prices are better )

Now , with prices like this , they got them the pants down & nothing look good so to speak . So they say noting , they will say things when prices would be better.

You said that you had useless calls ( Probably in long 6-9 months with strike over $ 20 ..... maybe ?? . Wrong play , like me with IBM & HAL in nov dec /14 )

Wrongs bets ...... shits happens as traders we are !!

So far , it look that CLM5 & NGM15 are going respectively @ $ 61-63 and $ 2.79- 3.15 ; If those prices ocurred very soon , it would be CHK to go between $ 16.25-17 ; Also the graphique with SMA 200,50,20 of CHK look to change up .

CHK can be a Short term winning bet , but I NEVER bet for the long term

I am a kind of Cramerican Trader : Take the money and Go !! ; And Go for me it is to go my next short term winning bet. And they are so many !!

It maid the marks & surpassed it in a difficult industry . What the BOD & Paul Carrico' s team told about the operations look to be thruth & operate properly in all theirs divisions.

1 - Chlorovynil maintains their business & margin et i will be surprised to see an increase of sales & a net margin % from 9.2 to 12 ish % for next quater

2- Builing matérial mais a robust performance

3.- Aromatics maintain business & is back in profitabilité

Now , we can compare trading with last year & see the tendance going to $ 47-49 by mid november

AXLL .... the bear of the day ..... ??? hahaha........ wrong bet

also tcheck Financial results of India based DCM Shriram and see what division maid bnig time on their turnaround operation ??

Also Zack are gonna make FOOL of themself in proclaiming F ( FORD ) as the bear of the day ................. BEEEEP ..... !! Are you crazy ??

Who' s fr""")(*&? g bozos working in investmnt research at Zack's ??

Downgrading a stock kike ford that have a P/E of 9 & a D/Y of over 3.4% , what are you sniffing ???. Even if they have $ 1.63 eps for 2014 , that it is excellent , the stock can push to $ 16-19 Azov next month !!

I am very suspicious of a research group like ZACK , they sending you 15 emails per day & you have telemarketing calls from the states ( i am living in Mtl Canada ( near north pole .... hahaha ) .... they AGRESSIVELY want to sell me something.

If it is good , they will not have problems attract/keep custumers !!

I personally do business with a Wisconsin trader who have his own research site it is very convénient , easy to use & fun to operate . No calls , no emails , the site is el gratos , somebody generous that is proud to share his knowhow to the investors community

We should have MORE CW ( his initials ) and very very very less of the Zack' s

And that' s why the central bankers will never ever set $$$ Policy to have the inerest rate to go up , because it will deflate the whole Investments world valuation , that is too much.

Tcheck this , when that 10 years US bond will be passing the 3 1/8 - 3 3/8 % mark , then the real estates values will start to plummet & so the REITs , the utilities , etc , etc . Theck the price of ETR for example , never been that high . I had traded this play last fall praying to see it north of $ 63 1/2 & now it is $ 81+ ; Same company , same fundammental , just to realise that the market is Sniffing ( by the nose ) too much ...... it is kind of non senses !!